Dec 19, 2012 7:00pm PST
. and seattle is another pretty wels well-positioned employment base and we've seen good sales up there. >> tom: from the east coast to the west coast with toll brothers chief financial officer martin connor with us. >> susie: investors are trading on headlines, and the head is all about fiscal cliff. yesterday the dow was up 100 points. today down 100 points all because the headlines weren't looking at favorable. >> tom: just very sensitive to any of the rhetoric coming out of washington for the stock market here, susie. in our "market focus," we can see indications of that. from the post-election highs we had yesterday, and the selling picked up a little bit as the day wore on today. here is the trade for the s&p 500. the s&p 500 slipped into the red within the first 20 minutes of trading, with the losses growing in the afternoon to end at the lowest level of the session, down 0.8%. trading volume was 747 million shares on the big board. just under two billion on the nasdaq. all 10 major stock sectors were down. the telecommunications sector saw the biggest drop, off 1.2%. health care fell 1.